Most listings are in the $20's per square foot per year. The Avenues region is seeing a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 67% rise in rent.
Compared to the rest of the Jacksonville market, the Avenues region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 3 listings have been posted online, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Avenues are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 25,590 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 10 floors. Most buildings in this area were built in 1989 and are Class A.
Public administration is the dominant industry in this area. Most of the residents of Avenues work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.